Auto Club: Gas Prices Turn Lower -- Barely.Lifestyle Editors/Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Sept. 5, 2003 After enduring a late summer of skyrocketing gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by prices, Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, motorists finally have begun seeing some minor relief, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Automobile Club of Southern California's Weekend Gas Watch. Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $2.129 per gallon gallon: see English units of measurement. , down eight-tenths of a cent from last week, 45 cents higher than last month and 50 cents higher than last year. In San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , the price is $2.1771, which is six-tenths of a cent below last week's level, 46 cents above last month and 50 cents higher than last year. Motorists in the Central Coast pay an average price of $2.228, which is five-tenths of a cent lower than last week's price, 45 cents above last month and 53 cents higher than last year. "With the end of the summer driving season, demand has dropped significantly and wholesale prices are moving lower," said Carol Thorp, Auto Club spokesperson. "There is usually a lag of about a week between the movement of wholesale prices and retail prices. Over the next couple of weeks we should see prices at the pump drop quicker." The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., Sept. 5:
Change
Area Regular from last week Record Price
Los Angeles-Long Beach $2.129 -0.8 cents $2.167 (3/22/03)
San Diego $2.171 -0.6 cents $2.211 (3/20/03)
Santa Barbara-Santa Maria-
Lompoc $2.228 -0.5 cents $2.233 (8/27/03)
Las Vegas $1.959 -0.3 cents $2.063 (3/25/03)
Phoenix $2.081 -4.8 cents $2.146 (8/26/03)
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